A company is considering the purchase of a

问题单项选择题

A company is considering the purchase of a copier that costs $5000. Assume a cost of capital of 10 percent and the following cash flow schedule: Year 1: $3000 Year 2: $2000 Year 3: $2000 Determine the project’s NPV and IRR. NPV IRR()①A. $883 15% ②B. $243 20% ③C. $883 20%

A. ①

B. ②

C. ③

答案

参考答案：C

解析：

To determine the NPV, enter the following : PV of $3000 in year 1 = $2727, PV of $2000 in year 2= $1653, PV of $2000 in year 3 = $1503. NPV=( $2727 + $1653 + $1503) - $5000 = 883.